Berkshire Calculate Stamp Duty Calculator (SDLT) tax for buying a home or property in Berkshire for £210,000

Common questions about Stamp Duty & SDLT when buying a property in Berkshire for 210,000

How much stamp duty will I have to pay when buying a house in Berkshire for £210,000?

How can I calculate my Stamp Duty Land Tax liability (SDLT) when buying a home in Berkshire for £210,000?

Does my solicitor or conveyancer pay my Stamp Duty on my behalf when buying a property in Berkshire for £210,000?

I am buying a property in Berkshire for £210,000. How much Stamp Duty will I have to pay?

How much Stamp Duty will I pay on £210k when buying a property in Berkshire?

I need a house purchase Stamp Duty Calculator in Berkshire for £210,000

How to work out Stamp Duty (SDLT) when buying a property in Berkshire for £210,000

Calculate Stamp Duty Land Tax (SDLT) when buying a property in Berkshire for £210,000.

Calculate Stamp Duty has been setup as a simple website and tool to do just that ... Calculate your stamp duty land tax liability, when purchasing a new home or property in England, Wales and Northern Ireland.

When you buy a residential property in Berkshire that is greater than &pound125,000 then a Stamp Duty Tax levy is applicable.

I am buying a property in Berkshire, when is Stamp Duty Land Tax due? Which property transactions attract a Stamp Duty charge or SDLT?

Stamp Duty is due and payable if you:

buy a freehold or leasehold property in Berkshire

buy a property through a shared ownership scheme in Berkshire

If you take a property in lieu of a payment in Berkshire

Rates of Stamp Duty in England, Wales and Northern Ireland when buying a residential property in Berkshire for £210,000

From 4th December 2014 the Stamp Duty Land Tax system was overhauled by the UK Government. The old slab style system of taxation was replaced with a progressive tax system similar to UK income tax. The new residential rates are calculated as follows:

0% on the first £125,000 of the property price - nothing to pay

2% on the next £125,000

5% on the next £675,000

10% on the next £575,000

12% on the rest (above £1.5 million)

New Rates of Stamp Duty (SDLT) that come into effect from 1st April 2016 for buying properties in Berkshire for £210,000

From the 1st April 2016, Stamp Duty Rates for anyone purchasing an additional property in Berkshire will change. Additional property includes buy to let investments and second homes in Berkshire. Each bracket will essentially attract an additional 3% surcharge. The rates will be as follows:

3% on the first £125,000 of the property price

5% on the next £125,000

8% on the next £675,000

13% on the next £575,000

15% on the rest (above £1.5 million)

Second Properties, Buy-To-Let and Second Homes in Berkshire that are purchased for £40,000 or less

Anybody purchasing a second home, buy-to-let property or additional home in Berkshire that is under £40,000, will not have to pay any Stamp Duty on the transaction.

Are there any properties that are exempt from these changes?

You will not be liable for the higher rate of stamp duty (sdlt) if your residential property is:

a caravan, mobile home or houseboat

outside England, Wales and Northern Ireland

What about Foreign Investors or people that own a property abroad, but are also looking to buy a second home in Berkshire?

These people will also pay the higher rate of Stamp Duty, if you buy a residential property in England, Wales or Northern Ireland and you already own one outside these countries.

What about Stamp Duty in Scotland?

What about Stamp Duty (SDLT) relief and discounts for First Time Buyers in Berkshire?

On the 22nd November 2017, the UK Government announced a cut and reduction in Stamp Duty Rates for First Time Buyers, a move that is hoped will provide a stimulus for the UK housing market and help younger generations living in and around Berkshire on to the property ladder.

HM Treasury has predicted that the SDLT reduction will help nearly 80% of first time buyers avoid paying stamp duty altogether. These changes currently apply to first time buyers in England, Wales & Northern Ireland.

What are the new First Time Buyer 2017 Stamp Duty Rates for buying a property in Berkshire?

In England, Wales & Northern Ireland, the new stamp duty (SDLT) rates for anyone buying a property up to £500k in Berkshire are:

Up to £300,000 Purchase Price = 0%

£300,001 to £500,000 = 5% (on that portion of the purchase price)

If you are a first time buyer and you purchase a property in Berkshire for more than £500,000, then you will be subject to the standard SDLT rates. The first-time buyer relief is only available on Purchase's LESS THAN £500,000.

As a first time buyer in Berkshire you can use our online Stamp Duty Calculator to accurately calculate your SDLT. Our First Time Buyer Stamp Duty Calculator has been fully updated with the new UK Government SDLT rules announced on the 22nd November 2017.

Please make sure that before you exchange on your property, that you have accounted for the amount of Stamp Duty Tax that is due and that you have the funds available, to allow for the tax to be paid promptly. If you or your conveyancing solicitor does not file this in time, you could face a hefty fine.

Stamp Duty Calculations for purchasing a property in other towns and cities in England, Wales & Northern Ireland